09-23-1992 Council Agenda - Laserfiche WebLink

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MINUTES PLANNING COMMISSION SEPTEMBER 10, 1992 reported that the quality of care is excellent. The City Planner reported that the rezoning request is appropriate. The Planner reviewed his report dated September 8, 1992 regarding the Conditional Use Permit request, and recommended approval subject to his comments on landscaping, signage, and loading areas. Presbyterian Homes agreed to comply with the recommendations of the City Planner as contained in his report. Ms. Drabik recommended approval of the rezoning from B -3 to RB and Conditional Use Permit for elderly housing as requested by Presbyterian Homes subject to compliance with the recommendations of the City Planner as contained in his September 8, 1992 report. PRESBYTERIAN HOMES TIF FOR ELDERLY HOUSING Motion seconded by Carson. Motion carried 6 - 0. The City Planner reported that it is the responsibility of the Planning Commission to make a finding of fact that the land use proposed by Presbyterian Homes for elderly housing is in conformance with the City's Comprehensive Plan as part of consideration of Tax Increment Financing support for the project. The City Planner reported that it is his opinion that it is. Herkenhoff asked the effect on the tax base for the City by approving Tax Increment Financing. The City Planner reported that approval of the TIF would allow for the capture of increased taxes to help in acquisition of the site and to control rents. The City Planner reported that the result of approval of TIF would be that the expected increase in tax dollars resulting from this development would not be available to the taxing jurisdictions for the life of the district, which would be 15 years in this case. Garske stated that he assumes that no development other than the elderly housing proposed would occur on this site. Page 2